Lafayette Homes under $500,000

Welcome to Lafayette, Indiana—a vibrant township that perfectly blends small-town charm with urban conveniences. Nestled in the heart of Tippecanoe County, Lafayette is known for its rich history, diverse culture, and a strong sense of community. With a population of around 70,000, this welcoming city is home to Purdue University, which infuses a youthful energy and a wealth of educational and cultural opportunities.

Lafayette boasts an array of parks, recreational facilities, and a thriving downtown area filled with local shops, restaurants, and entertainment venues. The Wabash River runs through the city, offering picturesque views and outdoor activities such as kayaking and fishing. Whether you're exploring the historic architecture or enjoying a leisurely stroll along the riverfront, Lafayette’s scenic beauty and friendly atmosphere make it a delightful place to call home.

For those seeking affordable housing options, Lafayette offers a fantastic selection of homes under $500,000. From charming single-family residences to modern townhouses, there’s something for everyone. Many of these homes feature spacious yards, updated interiors, and proximity to schools and parks, making them ideal for families, first-time buyers, or anyone looking to invest in a growing community.

With a strong real estate market and a variety of amenities, Lafayette is not just a place to live; it’s a place to thrive. Discover your dream home in this delightful township and experience all that Lafayette has to offer!

Newest Lafayette Homes under $500,000

$250,000

3 Beds ⋅ 2 Baths ⋅ 202643553 MLS ⋅ 1,580 SqFt. ⋅ Mary Sherer

Welcome home to this move-in-ready ranch in a convenient southwest location! With a Roanoke mailing address and located within the Southwest Allen County Schools district, this 3-bedroom home offers an open-concept floor plan, 9-foot ceilings throughout, and fresh interior paint. The kitchen features maple cabinetry and includes the stove, microwave, and dishwasher, while the washer and dryer are also included! All three bedrooms offer walk-in closets, and white trim and Masonite interior doors provide a classic finishing touch. The primary suite overlooks the fenced backyard and features a spacious bathroom with double sinks, a linen closet, and a tub/shower combination. A dedicated laundry room is conveniently located just off the kitchen with access to the attached two-car garage. Additional highlights include low-E vinyl windows, a low-maintenance exterior, and a high-efficiency furnace. Recent improvements include fresh interior paint, a 6-foot privacy fence, and a new furnace and central air conditioning system installed within the last two years. The fenced backyard provides a great space for outdoor relaxation or entertaining. Conveniently located near shopping, dining, interstate access, and the airport, this refreshed ranch offers a great combination of space, comfort, and convenience. Schedule your showing today!

10921 Yalumba Pass, Roanoke

Listing courtesy of Mary Sherer from ERA Crossroads. Cell: 260-348-4697

$289,000

1 Beds ⋅ 1 Baths ⋅ 202643398 MLS ⋅ 1,140 SqFt. ⋅ Jordan Wildman

**Build your dream home on 5 beautiful acres in Roanoke!** Located at 10622 Winters Road, this unique property offers a rare opportunity to bring your vision to life with several major improvements already in place. Featuring two scenic ponds and plenty of room to spread out, the property provides a peaceful setting with endless possibilities. A foundation is already in place for a home with a walkout basement, along with a two-car basement garage featuring a prestressed concrete roof designed to support an additional above-grade garage. With a well and electricity already on-site, much of the groundwork has been started for your future build. The seller previously obtained a septic permit; however, the system was not installed within the allotted timeframe, and a new permit will be required. Whether you're looking to create a private retreat or your forever home, this property offers an incredible head start in a desirable Roanoke location. Bring your builder, your plans, and your imagination to make this one-of-a-kind opportunity your own!

10622 Winters Rd, Roanoke

Listing courtesy of Jordan Wildman from eXp Realty, LLC. Home: 260-498-0384

$364,900

4 Beds ⋅ 3 Baths ⋅ 202643264 MLS ⋅ 1,698 SqFt. ⋅ Elizabeth Urschel

Welcome to Cedar Grove The open great room boasts three large picture windows. The kitchen has custom-stained cabinets with an island, breakfast bar, stainless steel microwave, dishwasher & gas range plus quartz countertops. The nook is surrounded by natural light, leading to a patio perfect for outdoor entertaining. Just off the kitchen is a den, ideal for a playroom or office. All four bedrooms are located upstairs, as well as the laundry room, for added convenience. The primary suite offers a private bathroom with a linen closet and a large walk-in closet. Other features of this home include a 3-car garage with hybrid polymer garage coating, a two-stage gas furnace, whole house media air cleaner, and exchanged house fresh air intake

10926 Carob Thorn Trl, Roanoke

Listing courtesy of Elizabeth Urschel from CENTURY 21 Bradley Realty, Inc. Off: 260-399-1177

$360,055

5 Beds ⋅ 3 Baths ⋅ 202643061 MLS ⋅ 2,600 SqFt. ⋅ Jihan Rachel Brooks

Welcome to 10772 Hamish Way in Roanoke, a spacious two-story home in the heart of Sierra Ridge. This 5-bedroom, 3-bathroom home spans 2,600 square feet and is built for flexibility. Off the foyer, you’ll find a flexible space that could be used for a private study or formal dining area. The open-concept great room, casual dining, and kitchen space flow together for effortless hosting and everyday life. A main level guest bedroom with nearby full bath is ideal for visitors, a home office, or multi generation living. Upstairs, four bedrooms, two bathrooms, and a large bonus room provide space for everyone. The kitchen features sarsaparilla shaker style cabinetry, carrara bianco quartz countertops, calacatta empire ceramic tile backsplash, Whirlpool stainless steel appliances, and a walk-in pantry. The center island makes meal prep simple, while the layout keeps you connected to the dining area and great room. Upstairs, the owner’s suite includes a large bedroom and a private bath with dual sinks, carrara bianco quartz countertops, a ceramic tile walk-in shower, and a generous walk-in closet. It’s a personal retreat that balances privacy with functionality. Ready to make it yours? Come tour 10772 Hamish Way today and experience all Sierra Ridge has to offer! This new construction home is slated to be tentatively completed by January 25, 2027 provided there are no delays for seen or unforeseen reasons, with weather permitting. Ask about builder closing incentives with preferred lender. Photos representative of plan only and may vary as built.

10772 Hamish Way, Roanoke

Listing courtesy of Jihan Rachel Brooks from DRH Realty of Indiana, LLC.

$402,085

5 Beds ⋅ 3 Baths ⋅ 202643054 MLS ⋅ 3,062 SqFt. ⋅ Jihan Rachel Brooks

Introducing 11062 Hamish Way, an expansive 3,062 sq ft home, starring 5 bedrooms and 3.5 bathrooms! This home is located near SWAC schools, IU Hospital, with easy access to the highway. Walk in the front door to a foyer open to a flex space; perfect for a home office, playroom, or formal dining space. The foyer leads into the open concept kitchen, casual dining, and great room. A stunning kitchen provides entertainment space with ample counter space and a center island overlooking the dining and great rooms. Desgined with white shaker style cabinetry, carrara bianco quartz countertops, Whirlpool stainless steel appliances, and calacatta sky tile backsplash. A backyard patio allows for the party to flow outside in the summers. The first floor is completed with a bedroom with a ensuite full bathroom and mudroom off of the garage. Follow the staircase upstairs and find plentiful living space. An open concept loft area provides the perfect after school hang out space. The primary bedroom offers the ideal owner's retreat with ensuite dual walk-in closets and bathroom with a dual sink vanity, private water room, linen closet, and walk-in ceramic tile shower. 3 additional second floor bedrooms share a full bathroom with a dual sink vanity and tub shower. An accommodating laundry room allows for easy chore days. Visit us today to tour 11062 Hamish Way and fall in love! This new construction home is slated to be tentatively completed by January 19, 2027 provided there are no delays for seen or unforeseen reasons, with weather permitting. Ask about builder closing incentives with preferred lender. Photos representative of plan only and may vary as built.

11062 Hamish Way, Roanoke

Listing courtesy of Jihan Rachel Brooks from DRH Realty of Indiana, LLC.

$129,900

3 Beds ⋅ 1 Baths ⋅ 202641229 MLS ⋅ 900 SqFt. ⋅ Sherry Anderson

Move-In Ready on a Quiet Cul-de-Sac! Welcome to 2720 Seminole Court, a beautifully refreshed home offering comfortable, easy living in a convenient north Anderson location. Freshly painted within the past year and featuring newer vinyl floor coverings throughout, this home is ready for its next owner to simply move in and enjoy. The kitchen features a functional farm-style sink and a welcoming layout with plenty of potential for everyday cooking and entertaining. An updated bathroom adds to the home's fresh, modern feel, while the newer flooring and recent paint create a clean, cohesive look throughout. Outside, enjoy the privacy and usability of a fenced-in backyard—perfect for relaxing, gardening, outdoor activities, or entertaining. Situated on a cul-de-sac, the property offers a setting away from through traffic while remaining just minutes from Scatterfield Road and the many shopping, dining, services, and other amenities available on Anderson's north side. If you're looking for a home that combines recent updates, a practical layout, outdoor space, and a convenient location, 2720 Seminole Court is worth a closer look. Move-in ready and ready for its next chapter.

2720 Seminole Ct, Anderson

Listing courtesy of Sherry Anderson from RE/MAX Real Estate Groups. Cell: 765-748-1909

$325,000

3 Beds ⋅ 4 Baths ⋅ 202638078 MLS ⋅ 2,730 SqFt. ⋅ Mary McCoskey Finkle

Welcome to 4300 Jones Ln, a charming 3-bedroom, 3.5-bath home nestled on a beautiful 1.63-acre wooded hilltop lot in Floyds Knobs! Offering over 2700 sq ft of comfortable living space, this home features plenty of closets and storage throughout, along with a convenient second kitchen and living quarters located in the lower level that provides added flexibility for entertaining, guests, or extended living arrangements. Enjoy the beauty and privacy of the mature trees and wooded surroundings from the spacious wrap-around deck, where you can take in peaceful hilltop views. New siding installed this year, new roof in 2021 adds to the home's curb appeal and exterior updates. Inside, the farmhouse sink adds character to the kitchen, while the thoughtful layout offers plenty of room to make the home your own. Conveniently located near schools and parks, this property offers the perfect blend of privacy, natural beauty, and everyday convenience. Priced at $325,000, this 1.63-acre Floyds Knobs property is ready for its next owner. Come see all it has to offer! Call to schedule your private showing today!!

4300 Jones Ln, Floyds Knobs

Listing courtesy of Mary McCoskey Finkle from Mainstreet Realtors. info@mainstreetrealtor.com

$339,900

5 Beds ⋅ 3 Baths ⋅ 202637577 MLS ⋅ 3,264 SqFt. ⋅ Cara Huffman

Sitting on a 0.77-acre lot and offering a highly functional layout with great setup options for an income/in-law suite, this 4-5 bedroom home offers more than most. The main level features nearly 1,800 square feet of living space, including a comfortable living room and a kitchen with a wood-burning fireplace, appliances included, and patio doors to the back yard. Just off the kitchen, a large mudroom provides convenient storage and leads directly to the attached garage. The main-floor primary bedroom includes an en-suite bathroom with a walk-in shower, and there are two additional bedrooms and an updated full bathroom on this level.The walk-out basement can easily be used as an extension of the main house or as a separate living area, featuring its own entrance, parking, and outdoor space. It includes a large recreational room anchored by a stone fireplace with a wood-burning insert, a full bathroom, and up to two bedrooms. This lower level is also fully prepped for a second kitchen, with new framing, drywall, electrical, and plumbing already installed—just add your choice of cabinets and countertops. Outside, the large yard is partially enclosed by a new fence. A major highlight is the large, insulated detached garage and workshop, which includes a wood-burning stove for year-round use. The backyard also offers a patio for relaxing and an above-ground pool with a surround deck that can be restored if desired. So many offerings in this one home; it's a must see! Frankton-Lapel Schools

2150 N Bilbrey Ln, Anderson

Listing courtesy of Cara Huffman from F.C. Tucker/Crossroads Real Estate. Cell: 765-524-2037

$364,900

4 Beds ⋅ 3 Baths ⋅ 202637339 MLS ⋅ 1,738 SqFt. ⋅ Elizabeth Urschel

Welcome to this two-story home Southwest Allen County Schools. The open great room boasts large picture windows overlooking the backyard. The kitchen has custom painted cabinetry with an island, breakfast bar, stainless steel microwave, dishwasher & gas range plus quartz countertops. The nook is surrounded by natural light with an 8' wide sliding glass door leading to a patio perfect for outdoor entertaining. Just off the kitchen is a den, ideal for a playroom or office. All four bedrooms are located upstairs. The primary suite offers a private bathroom with a linen closet, double sink vanity and a large walk-in closet. Other features of this home include a 3-car garage with hybrid polymer garage coating and the garage is painted and trimmed.

11132 Carob Thorn Trl, Roanoke

Listing courtesy of Elizabeth Urschel from CENTURY 21 Bradley Realty, Inc. Off: 260-399-1177

$347,900

3 Beds ⋅ 2 Baths ⋅ 202636763 MLS ⋅ 1,168 SqFt. ⋅ J.R. Parent

This 2 Story Farmhouse has been completely remodeled! New vinyl siding and all new flooring, new fixtures, countertops, and cabinets. Modern vanities, lighted mirrors and black hardware make this so fresh and new! This property is on 4 acres with a large pond and an option to buy the adjacent property to add an additional 2+ acres. Enjoy the country air on one of the lovely decks or the front wrap around porch! The large barn has a loft for additional storage and sits by a lean to for all your outdoor equipment.

16705 Indianapolis Rd, Yoder

Listing courtesy of J.R. Parent from Parent Realty, Inc..

$349,900

4 Beds ⋅ 3 Baths ⋅ 202636447 MLS ⋅ 2,618 SqFt. ⋅ Jihan Rachel Brooks

Find your next home at 10790 Hamish Way, located in the Sierra Ridge community in Roanoke, Indiana! This home is thoughtfully designed to support the way your family lives, offering a comfortable blend of style, convenience, and flexibility. From the moment you step inside, you'll discover inviting spaces that encourage connection while still providing room to unwind and recharge. The heart of the home features white shaker style soft close cabinetry, miami vena quartz countertops, calacatta sky ceramic tile backsplash, island with bar seating, and Whirlpool stainless steel appliances with a gas range, creating a natural gathering place for everything from busy weekday mornings to memorable celebrations. Located on the first floor, the owner's retreat provides a peaceful escape with an ensuite walk-in closet and bathroom built with a dual sink vanity, quartz counters, a ceramic tile walk-in shower, linen closet, and private toilet room. The spacious second floor layout includes 3 bedrooms and a full bathroom, thoughtfully arranged to maximize privacy and everyday functionality. The spacious loft creates the perfect secondary living room! Whether you're hosting friends, spending quality time with family, or simply enjoying a quiet evening at home, 10790 Hamish Way delivers a welcoming environment designed to grow with you through every stage of life. Ask about builder closing incentives with preferred lender. Photos representative of plan only and may vary as built. The following images are of a similar property and the rooms are staged with furnishings and possible wall paint colors that will not be present in the home.

10790 Hamish Way, Roanoke

Listing courtesy of Jihan Rachel Brooks from DRH Realty of Indiana, LLC.

$325,000

4 Beds ⋅ 3 Baths ⋅ 202635298 MLS ⋅ 2,800 SqFt. ⋅ Lyla Moody

Welcome home to this spacious 2,777 sq. ft. home tucked away on a quiet cul-de-sac in Roanoke, within the highly sought-after Southwest Allen County School District. This is the kind of neighborhood where kids can head outside to play, ride bikes, and enjoy time with friends while still being close to home. Inside, you’ll love the open, welcoming layout and beautiful kitchen that flows right into the large family room—perfect for everyday family life and entertaining. With a living room, family room, and upstairs loft, there’s plenty of space for everyone to spread out. And don’t miss one of the home’s most fun features—a hidden little space under the stairs that’s perfect for a kids’ clubhouse, reading nook, or secret hideout! Upstairs, the huge primary suite feels like a private retreat, along with three additional spacious bedrooms and the convenience of a second-floor laundry room. With 4 bedrooms, 2.5 baths, generous closets, abundant storage, two dining areas, and plenty of room to grow, this home offers the space families need with the neighborhood feel they’ll love. Come see what makes this house feel like home!

11214 Yalumba Pass, Roanoke

Listing courtesy of Lyla Moody from ADT Realty. Cell: 260-440-1491

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lafayette Homes under $500,000

Newest Lafayette Homes under $500,000

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